Ether Classic Has Climbed More Than 300% In The Last Week—Here's Why

Forget Bitcoin—Putting Stimulus Checks Into Dogecoin Would Have Made Over $500,000 Amid Crypto Price Mania

“ETC has also endured several 51% attacks in 2020, which suggest the network is not very secure, as attackers were able to double spend significant amounts of ETC,” the analyst added.On the other hand, ether classic’s price is being driven higher by a handful of bullish factors, according to Joe DiPasquale, CEO of cryptocurrency hedge fund manager The altcoin has been climbing as it rides on the coattails of its digital sibling ether, he stated.

“We are seeing this now as Bitcoin has largely remained in the $50,000 to $60,000 range for a couple months,” he noted. “While Ethereum Classic lacks the technological caliber of most modern cryptocurrencies, there is a sentimental value feeding the speculation creating the current price increase,” he stated.

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Ether Classic Has Climbed More Than 300% In The Last Week—Here's WhyEther classic has benefited from some sharp gains lately, approaching $180 on Thursday. When will it break through $200? $brd up next The doge transactions themselves raised the eth value significantly Crypto Spoiler alert - buyers thought it was $ETH
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Ether hits new record high, crests $4,000 milestoneJust a week after topping $3,000 for the first time, Ether -- the cryptocurrency that runs on the ethereum blockchain -- passed another milestone at $4,000. What a beautiful bubble we are in. Make Rates Great Again!!! $sxp and $eth PLS GO GO GO 🚀
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